NaaS Technology ADR Stock Price, News & Analysis

ngena partners with Versa Networks to integrate Versa's Secure Access Service Edge (SASE) technology into ngena's .connect platform, enhancing its Network-as-a-Service (NaaS) offerings. This partnership provides customers with a simplified way to deploy and manage security and networking solutions. Companies can leverage this integration to streamline IT operations, improve security, and enhance operational efficiency. Gartner rated Versa SASE as having the most listed components among 56 vendors, indicating its robust capability in the market.

Megaport Limited and Zenlayer have announced a strategic partnership to enhance private connectivity across over 800 locations worldwide. This collaboration allows Megaport customers to access on-demand private connectivity in North America, South America, Europe, Asia-Pacific, the Middle East, and Africa. With features such as improved network performance, reduced cloud egress costs, and point-and-click network provisioning, this partnership aims to streamline cloud networking for businesses. The integration of Megaport's NaaS solutions with Zenlayer's IaaS offerings positions them to serve both developed and emerging markets effectively.

NaaS Technology Inc. (NASDAQ: NAAS) announced the resignation of its CFO, Lei Zhao, effective immediately due to personal reasons. The company appointed Alex Wu as interim CFO while searching for a permanent replacement. Alex Wu has extensive experience in corporate finance, having served as interim CFO of RISE Education and currently being part of Bain Capital Private Equity. NaaS, a leading EV charging service provider in China, operates over 290,000 connected chargers, accounting for about 18% of China's public charging market.

NaaS Technology Inc. (NASDAQ: NAAS), a leading EV charging service provider in China, announced a new share incentive plan effective September 29, 2022. The plan allows for the issuance of up to 249,770,760 Class A ordinary shares and will increase by 1% annually based on the previous fiscal year's total shares outstanding. This plan replaces the Original Plan from Dada Auto Inc. established during the merger with RISE Education Cayman Ltd. Outstanding awards from the Original Plan remain valid under the new terms.

5G Open Innovation Lab has announced new corporate partnerships with SK Telecom, GAF, and Deloitte, welcoming 16 startups into its Fall program. This collaborative ecosystem focuses on driving innovation in 5G and edge technologies, connecting startups with global enterprises. Since its inception, participating startups have raised a collective $1.154B. Over the next 5 years, connectivity networks are projected to see spending of approximately $1.3 trillion globally, creating substantial business opportunities.

NaaS Technology Inc. (NASDAQ: NAAS) has partnered with Newrizon to enhance the charging services for new energy commercial vehicles in China. This strategic collaboration aims to establish a more efficient charging network and support green logistics, aligning with China's dual carbon objectives. Newrizon will leverage NaaS' digital charging network, allowing users to easily locate charging stations and enjoy added amenities. As of June 30, 2022, NaaS services spanned 358 cities, connecting 44,000 stations and 400,000 connectors. The partnership seeks to foster innovation and smart technologies in the commercial vehicle sector.

NaaS Technology Inc. (NASDAQ: NAAS), China’s leading EV charging service provider, announced a partnership with EEZI to enhance intelligent travel and smart charging solutions. This collaboration integrates NaaS’ extensive charging network with EEZI's advanced travel ecosystem, leveraging big data and intelligent algorithms to improve user experience. As of June 30, 2022, NaaS operates across 358 cities, connecting over 400,000 chargers and serving notable brands like NIO and FAW-Volkswagen. This partnership aims to innovate the charging experience and support the emerging software-defined vehicles trend in the new energy vehicle sector.

NaaS Technology Inc. has partnered with ONTIME, a ride-hailing service, to enhance the charging experience for new energy vehicle drivers. This collaboration aims to facilitate the location of charging stations and improve charging efficiency through the ONTIME Driver app. Expected to launch in October, the service will provide drivers with discounted charging rates and seamless payment options. NaaS, one of the largest EV charging providers in China, operates in 358 cities and connects over 400,000 chargers. This partnership aims to support sustainable travel solutions in the Guangdong-Hong Kong-Macao Greater Bay Area.